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Oil & Gas Exploration and Production

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Canada Energy updates appeal process for water disposal

7:30am EDT

July 21 (Reuters) - Canada Energy Partners Inc ::Canada Energy Partners updates appeal process for water disposal.Canada Energy Partners Inc - ‍made final submission required under appeal procedures to Oil & Gas Appeal Tribunal of British Columbia​.

Husky Energy qtrly net loss per common share - $0.10

7:00am EDT

July 21 (Reuters) - Husky Energy Inc :Husky energy reports second quarter 2017 results.Q2 FFO per share c$0.71.Husky energy - qtrly ‍average upstream production was 320,000 barrels of oil equivalent per day (boe/day), compared to 316,000 boe/day in Q2 of 2016..Qtrly net loss per common share - $0.10.Husky energy inc - ‍annual production is expected to remain on track with company's guidance range of 320,000-335,000 boe/day​.Q2 earnings per share view c$0.06 -- Thomson Reuters I/B/E/S.Qtrly adjusted net earnings per common share basic $0.01.

Encana reports qtrly ‍net earnings of $331 million

6:00am EDT

July 21 (Reuters) - Encana Corp :Encana delivers strong second quarter results; company expands margins, exceeds type curves, grows premium well inventory and updates guidance.Qtrly ‍net earnings of $331 million compared to a loss of $601 million in Q2 of 2016​.Qtrly core asset production of 246,500 barrels of oil equivalent per day.Expects - Core assets will deliver 25 to 30 percent production growth from Q4 of 2016 to Q4 of 2017.Encana Corp - ‍delivered Q2 total production of 316,000 boe/d, including total liquids production of 124,900 bbls/d​.Encana Corp - ‍"Encana is outperforming its initial 2017 corporate guidance​".By year-end 2017, expects net debt to adjusted EBITDA ratio will be about two times, will have total liquidity of over $5 billion.

Russneft decides not to reduce company's capital investments in 2017

3:43am EDT

July 21 (Reuters) - RUSSNEFT : :SAYS DECIDED NOT TO REDUCE COMPANY'S CAPITAL INVESTMENTS IN 2017 IN SPITE OF PRODUCTION CUT UNDER OPEC+ AGREEMENTS.SAYS IN 2017, PRODUCTION PLAN INDICATOR OF COMPANY WILL BE KEPT AT LEVEL OF PREVIOUS YEAR AND WILL BE AROUND 7 MILLION TONNES.

Basic Energy Corp signed investment term sheet

Thursday, 20 Jul 2017 09:30pm EDT

July 21 (Reuters) - Basic Energy Corp :Signed investment term sheet and remitted a refundable earnest deposit to solmax power limited of hongkong in the amount 50 million yen.Investment term sheet to trigger due diligence work to be conducted by basic on solmax power and its solar projects in japan.

Vaalco provides operational update

Thursday, 20 Jul 2017 04:45pm EDT

July 20 (Reuters) - Vaalco Energy Inc :Vaalco provides operational update.Vaalco Energy Inc - ‍on July 18, electrical submersible pump (esp) in South Tchibala 2-H well failed, resulting in well being temporarily shut-in​.Working to mobilize a hydraulic workover unit to move onto avouma platform and replace ESP system in well.Vaalco Energy says does not plan to change annual production guidance as result of shut-ins due to ESP failure or annual maintenance turnaround.Vaalco Energy - Does not plan to change annual production guidance at time as result of shut-ins due to ESP failure or annual maintenance turnaround.Vaalco Energy says South Tchibala 2-H well was producing about 1,300 barrels of oil per day gross, or 390 net to co, prior to being shut-in - SEC Filing.Vaalco Energy Inc - Is working to replace ESP system in well, which is expected to be back on production by Q4 2017​.Vaalco Energy Inc - ‍Recently completed its planned 2017 maintenance turnaround for Etame Marin FPSO and four platforms​.

Canadian Natural Resources files for secondary offering of up to 97.56 mln common shares

Thursday, 20 Jul 2017 03:47pm EDT

July 20 (Reuters) - Canadian Natural Resources Ltd :Canadian Natural Resources Ltd files for offering of up to 97.56 million shares of co's common stock - sec filing.Canadian Natural Resources Ltd says in the offering, all the common shares offered by the selling shareholders.Canadian Natural Resources Ltd says co will not receive any proceeds from any sale of common shares by selling shareholders.

Canadian Natural Resources files for debt shelf of up to $3 bln

Thursday, 20 Jul 2017 03:21pm EDT

July 20 (Reuters) - Canadian Natural Resources Ltd :Canadian Natural Resources Ltd files for debt shelf of up to $3.0 billion - sec filing.

Camber Energy announces fiscal year 2017 results

Thursday, 20 Jul 2017 07:15am EDT

July 20 (Reuters) - Camber Energy Inc :Camber Energy announces fiscal year 2017 results.Camber Energy Inc - ‍during fiscal 2017, Camber increased its reserves by approximately 1.4 million BOE of proved reserves​.Camber Energy Inc - ‍at year-end on March 31, 2017, Camber estimated net proved crude oil and natural gas reserves were approximately 5.6 million BOE​.

Inpex and Chubu Electric to begin wholesale electricity supply

Thursday, 20 Jul 2017 01:21am EDT

July 20 (Reuters) - Inpex Corp <1605.T>:* Says it and Chubu Electric Power Co., Inc. <9502.T> jointly announced today they will begin supplying wholesale electricity to city gas companies Ueda Gas, Nagano toshi Gas and Honjo Gas, sourcing power from Diamond Power Corporation, a Chubu Electric subsidiary.* The three city gas companies will begin retailing electricity in their respective gas supply areas as soon as their preparations are complete .

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